Silver Prices: How High Will They Go? $100? $300? $500? (27K Reads Already)

Lorimer Wilson on 2019-01-08 15:38:01.0

"…Silver prices have risen exponentially for the past 90 years as the dollar has been consistently devalued. Expect continued silver price rises…"

Prepared by Lorimer Wilson, editor of munKNEE.com ? Your KEY To Making Money!

[This articleof edited excerpts* (335 words) from the original article (635 words) by Gary Christensonprovides you with a 47% FASTER - and EASIER - read. Please note: This complete paragraph, and a link back to the original article, must be included in any article re-posting to avoid copyright infringement.]

"SILVER TO GOLD RATIO:

Examine the silver to gold ratio for the past 27 years. Low silver to gold ratios indicate long-term buy zones for silver. Silver prices are there now.

How High Will Silver Prices Rise?

The answer depends upon many variables. A partial list includes:

COMEX silver prices are ?managed? by large players, including JPM, which previously have wanted silver prices to remain low. That may be changing. Read Ted Butler.

How rapidly will the Fed and commercial banking increase the supply of dollars and how much will they devalue the dollar?

How extreme will our political circus become? Distractions will be necessary. The usual response is war after a suitable scapegoat has been identified.

How rapidly will foreign countries including China, Russia and Saudi Arabia redirect commerce away from the dollar?

Hyper-inflation or 1970s style inflation?

Rise of the IMF and Special Drawing Rights as a global currency?

SUMMARY:

Silver prices for the next decade are dependent upon many unknowns. However, a conservative chart interpretation is shown below.

The log trend channel has contained most silver prices for the past 20 years. A ?more of the same? financial world suggests silver prices will rise toward $100 in the next 5 ? 7 years.

A more aggressive chart interpretation shows prices for silver peaks rising rapidly during the past 17 years.

A blow-off rally in silver ? quite possible ? suggests silver prices rallying toward $200 ? $300 per ounce. For comparison, Bitcoin was $3 a few years ago and recently exceeded $1,700. Amazon stock sold for about a buck 20 years ago. Today it is near $1,000. Silver near $200 is not impossible in a few years…

If the powers-that-be create or can't stop hyper-inflation of the dollar, $500 silver will look inexpensive by the end of next decade."

(*The author's views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.)